04.05.2018 13:39:07

Gibraltar Industries Inc. Q1 adjusted earnings Miss Estimates

(RTTNews) - Gibraltar Industries Inc. (ROCK) announced earnings for its first quarter that advanced from last year.

The company's profit totaled $8.35 million, or $0.26 per share. This compares with $4.00 million, or $0.12 per share, in last year's first quarter.

Excluding items, Gibraltar Industries Inc. reported adjusted earnings of $8.31 million or $0.26 per share for the period.

Analysts had expected the company to earn $0.27 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 4.2% to $215.34 million from $206.61 million last year.

Gibraltar Industries Inc. earnings at a glance:

-Earnings (Q1): $8.31 Mln. vs. $6.53 Mln. last year. -EPS (Q1): $0.26 vs. $0.20 last year. -Analysts Estimate: $0.27 -Revenue (Q1): $215.34 Mln vs. $206.61 Mln last year.

-Guidance: Full year EPS guidance: $1.96 - $2.08

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Gibraltar Industries IncShs 59,33 0,41% Gibraltar Industries IncShs